Shippers better hope things don't go back to normal
The recent rise in the shares of the Asian shipping companies was boosted on optimism that Chinese exports could see a rebound and the worst for the sector was almost over.
Source: indiatimes.com
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Shipping: China export rebound doesn't mean that the halcyon days are back
No other major sector on the planet benefited more from the pandemic than ocean carriers. But now that consumption is slowing and supply chains are diversifying away from China, the maritime sector must face a reckoning it avoided when the pandemic threw international trade and logistics into disarray
Source: moneycontrol.com
The world's biggest air-conditioning company braces for a hotter future
Daikin is pouring billions of dollars into research and development, looking to build on technological breakthroughs that could make its machines more efficient.
Source: japantimes.co.jp
The World's Biggest Air-Conditioning Company Braces for a Hotter Future
The world is getting warmer and, for billions of people, more dangerous. For the No. 1 AC maker, Japan’s Daikin Industries Ltd., that’s a huge opportunity.
Source: bloombergquint.com